Agenda Summary
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Requesting the appropriation of $2,383,850 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account to reduce the Fiscal Year 2027 Tax Rate.
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Official Text
To the Honorable City Council:
The Mayor respectfully requests that this Council approve the appropriation of $2,383,850 from the Receipts Reserved for Appropriation, Parking Meter Receipts Account, for the purpose of reducing the FY2027 Tax Rate.
This appropriation is required for the FY2027 Tax Recapitulation Sheet Filing to the Massachusetts Department of Revenue for approval of the FY2027 Tax Rate.
Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Jake Wilson, Mayor